School district · Hill County, TX
Penelope Independent School District 914's money: where it comes from and where it goes
In the latest recorded fiscal year (ended August 31, 2023), Penelope Independent School District 914 took in $4.2 million and spent $3.6 million.
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Where it comes from
What stands out
of Penelope Independent School District 914's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.
School district taxes14%
Fees for services1.9%
What's in fees for servicesSchool lunches; other school charges and 1 more
- School lunches$48 thousand
- Other school charges$22 thousand
- School tuition and transportation$10 thousand
Amounts are by Census type of charge.
State tax money81%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.9%
Where it goes
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$3.6 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$15 thousand
Sources and moreWhere these numbers come from and what they cover
Penelope Independent School District 914. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended August 31, 2023.
What this covers. The money of Penelope Independent School District 914 itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.